Best State To Raise a Family
(WalletHub, 1st in 2020; 2nd in 2021)
Minnesota Posts Fourth Straight Month of Job Growth; Labor Force Also Grows
16 May 2024
News
Minnesota employers added jobs for the fourth straight month, up 3,900 jobs from March to April on a seasonally adjusted basis, with the private sector gaining 5,500 jobs, according to information released today by the Minnesota Department of Employment and Economic Development (DEED). Minnesota has gained jobs 10 out of the last 12 months.
Minnesota's labor force increased by 3,710 people over the month and the labor force participation rate stayed at 68.0%. Minnesota's unemployment rate also remained steady at 2.7%, where it's held for six months. Nationally, the unemployment rate ticked up one-tenth of a percentage point to 3.9% and the labor force participation rate stayed at 62.7%.
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Governor Tim Walz today announced $6.2 million in new grants to expand child care across the state. The Minnesota Department of Employment and Economic Development (DEED) has awarded 21 organizations with Child Care Economic Development Grants – the state's largest-ever round of funding for this program. The funding is expected...
The American Red Cross is on a mission to ensure Minnesotans have working smoke detectors and families have an escape plan should a fire happen at home.The organization said seven lives are lost daily to home fires, making functional smoke alarms crucial for people to evacuate to safety.The Red Cross...
Global Best To Invest 2024
May 13 2024Why should global rankings matter if the whole world is deglobalizing and reshoring?Because it’s possible they’re not doing that at all — at least, not yet.“The world is at a record high level of globalization despite geopolitical conflict and policy headwinds,” said Steven Altman at a March 2024 press conference...